Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance−0.078%101s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1031.034% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)−2.278%−$228 · spread now −0.078%, 7d avg −0.032%
=Funding pays, the price is against you. BloFin is 0.046% cheaper against Binance than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.032%). If the spread goes back, that is −$5 on $10k: about 6.5 days of funding at the current rate (+$1 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BUSDT | 0.2027 | 0.0827 | pay 0.0414% / 4h | 2h 47m | $11.7M | $2.0M | 20x |
| Short | BloFin B-USDT | 0.2025 | 0.0851 | get 0.0425% / 4h | 2h 47m | $595K | $39K | 20x |
Binance BUSDT
BloFin B-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.92
- Price spread: −0.078% → −0.032%
- −$4.56
- Slippage, 4 orders
- −$81.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.07
- Costs to cover
- 1.034%
- Break-even
- 153.7 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 38 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 2.47 bp | 23.9 bp −$24 | 343.5 bp −$3,435 | 10243.2 bp −$1.02M | doesn't fit |
| Sell BloFin live order book, 38 min ago | 7.44 bp | 31.8 bp −$32 | 91.7 bp −$917 | doesn't fit | doesn't fit |
B on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2024 | −0.127% | $3.4M | $584K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2023 | −0.166% | $1.9M | $71K | 10x | as long as short |
| Bybit BUSDT | +0.0571% | 4h | 0.2025 | −0.092% | $1.8M | $931K | 13x | as long as short |
| BingX B-USDT | +0.0786% | 4h | 0.2026 | −0.028% | — | $1.2M | — | as long as short |
| Extended B-USD | +0.0824% | 1h | 0.2026 | −0.038% | $15K | $117K | 5x | as long as short |
| edgeX BUSDC | +0.0826% | 4h | 0.2028 | +0.092% | $3K | $392K | 5x | as long as short |
| MEXC B_USDT | +0.0826% | 4h | 0.2026 | −0.028% | $970K | $342K | 100x | as long as short |
| Binance BUSDTlong | +0.0827% | 4h | 0.2027 | long leg | $11.7M | $2.0M | 20x | |
| Bitget BUSDT | +0.0834% | 4h | 0.2027 | +0.021% | $2.7M | $231K | 10x | as long as short |
| BloFin B-USDTshort | +0.0851% | 4h | 0.2025 | −0.078% | $595K | $39K | 20x |
Gate B_USDT
KuCoin BUSDTM
Bybit BUSDT
BingX B-USDT
Extended B-USD
edgeX BUSDC
MEXC B_USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1352% | 4h | 0.2026 | −0.051% | $1.9M | $199K | 5x | as long as short |
Aster BUSDT